255 3 Avenue, Brooklyn, New York 11215

Sold Price
List Price
Closing Date
Jan 06, 2020
Sq. Ft
Year Built

Property Description

LOCATION EQUALS OPPORTUNITY! Searching for the perfect investment property found in one of the hottest neighborhoods in Brooklyn? With three newly renovated two-bedroom apartments and a well-known restaurant, the property at 255 3rd Ave in the Gowanus neighborhood offers a central location with plenty of popular shopping and dining within walking distance. A total of four units are found in this mid-rise apartment building measuring 20 feet wide and providing 5,200 square feet of total space. Built in 1931, the building offers plenty of history and remains in great condition. The roof was recently redone and all the Mechanicals of the building are in top condition. The building offers three beautifully-renovated 1,100-square-foot apartments with central AC/Heat, a dishwasher, and an in-unit Washer/Dryer. All three units offer an open gallery living/dining space, hardwood floors throughout, and multiple ceiling fans. Plenty of closet space is provided and both bedrooms can accommodate a queen bed with other furnishings. All three units are currently rented and have fabulous tenants.. Dating back to 1948, the restaurant space has been continuously serving diners and truly makes this investment property a unique opportunity. The space is fully compliant with New York State Laws and offers everything necessary. Currently the space is occupied by Two Toms Restaurant, but this space may also be delivered vacant, if necessary. The location, just off the corner of 3rd Ave and Union St, provides incredible traffic levels with many other surrounding businesses, such as Whole Foods, Freaks Mill, Little Neck, Claro, and several more. Transit and commuter rail options are located just a short walk from the building, making this a prime location in the Gowanus neighborhood for tenants. The building is completely free and clear offering the perfect opportunity for the right investor.

Additional Information

Lot Size
Parking Description
Heat Source
Year Built
Sale Type
Arm's Length
Bank Financing
1031 Exchange, Assumption, Bank Mortgage, Cash
Building Type
Year Built
Full, Unfinished
Lot Dimensions
80 x 20
Building Dimensions
57.00 x 20.00
Estimated Yearly Tax Amount

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Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 MK Realty. Selling Office: Compass Greater NY, LLC.